The Labour Theory of Value PDF
Preview The Labour Theory of Value
The Labour Theory of Value This book explores the origins aIndexnd development of the labour theory of value, tracing its emergence from the natural law philosophy of the sixteenth and seventeenth century to its eventual domination of the classical school of economics and its impact on the development of neoclassical economics. The Labour Theory of Value examines the ideas of natural law philosophers such as Grotius, Pufendorf, Hobbes, Locke, Quesnay, Hutcheson and Adam Smith as well as analysing the impact Smith’s ideas have had on the works of David Ricardo and Karl Marx. This book will prove to be essential reading for all students of the history of economic thought. Peter Dooley is at the University of Saskatchewan. 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